Singapore Overtakes Hong Kong as Home to Asia’s Wealthy; The Speed Traders Workshop 2012 Singapore

June 21, 2012 - PRLog -- As reported on IBN Live, Singapore overtook Hong Kong as home to Asia's wealthy last year as declining stock markets hit the former British territory a lot harder than its Southeast Asian rival, according to Capgemini and RBC Wealth Management.
Hong Kong, whose stock market capitalisation slumped 16.7 per cent last year, saw a sharper drop in the ranks of people with more than $1 million to invest as a larger proportion of that wealth was locked in equity.

Southeast Asia also shows stronger signs of resilience to global turbulence than the rest of Asia as buoyant domestic spending offsets struggling exports.

Faster-growing Asia had for the first time more millionaires than North America last year, according to Capgemini and RBC Wealth's latest world wealth report released on Tuesday.
Singapore, home to more Indonesian millionaires than Jakarta, has in recent years also attracted many rich people from around the world, including Facebook co-founder Eduardo Saverin who earlier this year gave up his US citizenship.

As wealthier Asians are on the rise, Edgar Perez, author of The Speed Traders, will conduct the most thorough review of high-frequency trading at his upcoming The Speed Traders Workshop 2012 Singapore: How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX, September 15 (http://www.TheSpeedTradersWorkshop.com).

Mr. Perez is widely regarded as the preeminent speaker in the specialized area of high-frequency trading.  He is the author of The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World (http://www.thespeedtraders.com), published by McGraw-Hill Inc. (2011) and currently being translated into Chinese and Portuguese, and course director of The Speed Traders Workshop 2012, How High Frequency Traders Leverage Profitable Strategies to Find Alpha in Equities, Options, Futures and FX (Hong Kong, Mexico City, Moscow, Shanghai, New York and Chicago).

Mr. Perez has been featured on CNBC Cash Flow (with Oriel Morrison), CNBC Squawk Box (with Geoff Cutmore), BNN Business Day (with Kim Parlee), TheStreet.com (with Gregg Greenberg), Channel NewsAsia Business Tonight and Cents & Sensibilities (with Lin Xue Ling), NHK World, iMoney Hong Kong, Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, The Korea Herald,  FIXGlobal Trading, The Korea Times, TODAY Online, Oriental Daily News and Business Times.

Mr. Perez has been engaged to present to the U.S. Securities and Exchange Commission, CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University and Pace University, among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Harvard Business School’s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago, London), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor’s Global Growth Markets Forum (London), Technical Analysis Society (Singapore), TradeTech Asia (Singapore), FIXGlobal Face2Face (Seoul) and Private Equity Convention Russia, CIS & Eurasia (London).

Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a consultant at McKinsey & Co. in New York City.  Mr. Perez has an undergraduate degree from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez resides in the New York City area and is an accomplished salsa and hustle dancer.

The Speed Traders Workshop 2012 Singapore (http://thespeedtradersworkshopsingapore.eventbrite.com/) will reveal how high-frequency trading players are succeeding in the global markets and driving the development of algorithmic trading at breakneck speeds from the U.S. and Europe to India, Singapore and Brazil. The Speed Traders Workshop 2012 Singapore continues the series of presentations in the world’s most important financial centers: Jakarta, Indonesia, June 13; Mexico City, Mexico, July 27; Hong Kong, August 4; Moscow, Russia, August 10 and Dubai, United Arab Emirates, October 14.